S
Seller's Agent in 2020
Spears Group
Scenic Sotheby's International Realty
116 Sarasota St Miramar Beach, FL 32550
Miramar Beach NeighborhoodEstimated Value: $2,333,000 - $2,879,000
9
Beds
8
Baths
5,880
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- Vaulted Ceiling
- Van R. Butler Elementary School Rated A-
- Heated In Ground Pool
- Beach House
About This Home
As of August 2020Experience this stunning resort-style rental machine optimally located near exclusive gated beach access within the heart of Frangista Beach. This incredible nine bedroom, eight bathroom property is one of the lowest price-per-foot offerings along Scenic Highway 98 featuring over $100,000 in upgrades performed since 2017. Notable improvements include fresh paint as well as designer furnishings to optimally configure this 5,880 square feet home. Masterfully built as a rental magnet, this property has over $160,000 in projected annual income for 2020 as well as a solid rental history for 2019. Notable features include ample parking, spacious courtyard with lagoon style pool & walled privacy with adjoining summer kitchen, gulf views from the third floor as well as ample living space perfectly functioned for entertaining. The layout is extremely open with living spaces outlined on each level of this three story home.
The kitchen and living room are ideally located on the second level and feature beautiful granite countertops, stainless steel appliances as well as a beautiful tile flooring that is carried throughout the main living areas. The living room opens to a spacious balcony that spans the entire width of the home allowing optimal indoor/outdoor living to soak in the summer breeze. The oversized third floor master suite is extremely private and features a gulf view, private balcony as well as a large on-suite master bathroom complete with travertine accents and dual vanities. This home is an excellent rental property or second home with close proximity to deeded, gated beach access and all of the exceptional shopping, dining and entertainment that Miramar Beach has to offer.
Last Agent to Sell the Property
Spears Group
Scenic Sotheby's International Realty Listed on: 04/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,500
Year Built
- Built in 2005
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
- Partially Fenced Property
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Beach House
- Exterior Columns
- Frame Construction
- Stucco
Interior Spaces
- 5,880 Sq Ft Home
- 4-Story Property
- Furnished
- Shelving
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Insulated Doors
- Family Room
- Dining Room
- Play Room
- Fire and Smoke Detector
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- Split Bedroom Floorplan
- 8 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Parking
- Oversized Parking
- Guest Parking
Eco-Friendly Details
- Energy-Efficient Doors
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Patio or Porch
- Separate Outdoor Workshop
- Built-In Barbecue
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- High Efficiency Heating System
- Multiple Water Heaters
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 32-2S-21-42040-00C-0150
Community Details
Overview
- Association fees include recreational faclty
- Frangista Beach Subdivision
- The community has rules related to covenants
Recreation
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2020
Closed on
Aug 24, 2020
Sold by
Edge Fl Llc
Bought by
Manhas Amit and Manhas Atisha
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Kurt Sprigler
Lokation
List Price
$1,225,000
Sold Price
$1,225,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295,613
Avg. Annual Appreciation
14.80%
Original Mortgage
$980,000
Outstanding Balance
$880,977
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,555,273
Purchase Details
Closed on
Aug 24, 2017
Sold by
Tlc Medical Oxygen & Hospital Equitment
Bought by
Edge Fl Llc
Purchase Details
Closed on
Nov 21, 2007
Sold by
Cochran James A
Bought by
Tlc Medical Oxygen & Hospital Equipment
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manhas Amit | $1,225,000 | Aqua Title Services | |
| Edge Fl Llc | $1,047,300 | Attorney | |
| Tlc Medical Oxygen & Hospital Equipment | $1,375,000 | Mcneese Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manhas Atisha | $980,000 | |
| Closed | Manhas Amit | $980,000 | |
| Previous Owner | Edge Fl Llc A Tennessee Limited Liabilit | $805,000 | |
| Previous Owner | Tlc Medical Oxygen & Hospital Equipment | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2020 08/25/20 | Sold | $1,225,000 | 0.0% | $208 / Sq Ft |
| 07/09/2020 07/09/20 | Pending | -- | -- | -- |
| 04/03/2020 04/03/20 | For Sale | $1,225,000 | -- | $208 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,927 | $2,136,790 | $577,500 | $1,559,290 |
| 2023 | $13,927 | $1,426,077 | $0 | $0 |
| 2022 | $13,654 | $1,670,210 | $510,600 | $1,159,610 |
| 2021 | $11,408 | $1,178,576 | $203,938 | $974,638 |
| 2020 | $9,689 | $970,635 | $186,578 | $784,057 |
| 2019 | $9,500 | $956,555 | $179,402 | $777,153 |
| 2018 | $9,125 | $915,176 | $0 | $0 |
| 2017 | $8,907 | $898,658 | $145,632 | $753,026 |
| 2016 | $8,860 | $892,034 | $0 | $0 |
| 2015 | $8,371 | $846,155 | $0 | $0 |
| 2014 | $7,483 | $725,899 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Kurt Sprigler
Lokation
(850) 225-3381
10 in this area
50 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 844091
APN: 32-2S-21-42040-00C-0150
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